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Acknowledgements Introduction: Why Study Economics? Part One: Preliminaries 1. The Economy and Economics 2. Capitalism 3. Economic History 4. The Politics of Economics Part Two: The Basics of Capitalism: Work, Tools, and Profit 5. Work, Production, and Value 6. Working with Tools 7. Companies, Owners, and Profit 8. Working for a Living 9. Reproduction (for Economists!) 10. Closing the Little Circle Part Three: Capitalism as a System 11. Competition 12. Business Investment 13. Employment and Unemployment 14. Inequality and its Consequences 15. Divide and Conquer 16. Capitalism and the Environment Part Four: The Complexity of Capitalism 17. Money and Banking 18. Inflation, Central Banks, and Monetary Policy 19. Paper Chase: Stock Markets, Financialisation, and Pensions 20. The Conflicting Personalities of Government 21. Spending and Taxing 22. Globalisation 23. Development (and Otherwise) 24. Closing the Big Circle 25. The Ups and Downs of Capitalism 26. Meltdown and Aftermath Part Five: Challenging Capitalism 27. Evaluating Capitalism 28. Improving Capitalism 29. Replacing Capitalism? Conclusion: A Dozen Big Things to Remember Index
Jim Stanford is Director of the Centre for Future Work, based at the Australia Institute and Honorary Professor of Political Economy at University of Sydney. He writes an economics column for the Globe and Mail, appears regularly on CBC TV's 'Bottom Line' economics panel and is the author of Economics for Everyone (Pluto, 2015).
'Clear, compelling, lively and anger-provoking, all at once' -- Robert Pollin, Distinguished Professor of Economics and Co-Director of the Political Economy Research Institute (PERI), University of Massachusetts-Amherst, U.S.A. 'Quite simply the best critical introduction to economics you can find' -- Frank Stilwell, Professor Emeritus of Political Economy, University of Sydney, Australia 'Helps us understand what the newspapers never explain: how these economic crises are a product of the inequalities and incapacity for social foresight that is capitalism's everyday economics' -- Hilary Wainwright, editor of Red Pepper 'Jim Stanford explains what's worth trusting in economics and what's not in an accessible way. Read this book' -- Steve Keen, Professor and Head, School of Economics, Politics & History, Kingston University, London, U.K. 'Stanford is that rare breed: the teacher who changed your life. He has written a book - both pragmatic and idealistic - with the power to change the world' -- Naomi Klein, author of This Changes Everything: Capitalism vs. the Climate and No Logo.